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Post# of 105534
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mkendra

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mkendra

Re: MinnieM post# 55216

Saturday, 03/12/2011 2:09:53 PM

Saturday, March 12, 2011 2:09:53 PM

Post# of 105534
I totally agree. Splits (both forward and reverse), mathamatically, are meaningless when it comes to value.

Increasing th A/S without additional company value is a recipe for dilution.

I'm not saying this is a scam, but certainly many scams operate this way and makes a company suspect. Why would a CEO want to reduce shares for the reason of attracting Institutional investors, and uplisting, then at the same time increase the A/S?

The CEO is countradicting himself.

Bottom line, he is desperate for cash. It is obvious.

Deeds, not creeds.

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